Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
Mortgage
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Tech Pulse: Trendsetters nominations open, AI sales agent eases mortgage process
Nominations are open for HousingWire’s 2025 Tech Trendsetters Award, and we’re catching up with inaugural winners from 2019.
Housing market risk steepest in southern, western areas
Of the 50 riskiest counties, 14 were in California and seven were in Florida. New Jersey had five and Louisiana had four.
FTC revisits noncompete rules after Biden-era ban blocked
The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive.”
HUD moves to bar non-permanent residents from Section 184 tribal loan program
The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens.
Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Click n’ Close pairs 5/1 ARM with down payment assistance for new homes
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Reverse mortgage production metrics took a tumble in August
Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.
Tech Pulse: Smart home tools for seniors; AI marketing for agents
With seniors now outnumbering children in many U.S. states, demand is growing for aging-in-place technology.